Leading article: Britain's boardrooms have much to prove
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.It is just possible that the mere threat of legal action to force businesses to promote more women to top positions is having some positive effect.
When Lord Davies concluded his review of gender inequality in corporate boardrooms in February, his failure to recommend compulsory quotas to address the issue met with scepticism from equal rights campaigners.
Instead, the former Trade minister took a more nuanced line - setting out a target that by 2015 a quarter of board members at Britain's top 100 companies should be female, with the proviso that legal changes might yet go ahead if the necessary steps are not taken.
Six months on, it is encouraging to see women being appointed to FTSE 100 boards at twice the rate they were last year. Sadly, the increase is a baby step given the scale of the mountain to be climbed.
Notwithstanding the few, oft-quoted female chief executives, Britain's boardrooms are still overwhelmingly male places. Just 12.5 per cent of FTSE 100 bosses are female and, at the current rate, it will be another 70 years before the genders are in balance, the Equality and Human Rights Commission says. Amongst smaller companies, the pace of change is slower still. Discriminatory attitudes also remain depressingly entrenched. Glencore chairman Simon Murray's recent comments that women are less ambitious, and have a tendency to "go off for nine months", were just the latest in the tradition of broadsides from business leaders purporting to tell it like it is.
All and any progress should obviously be welcomed. But there is no room for complacency. It will take more than six months to change boardroom culture. And if there are any signs of backsliding, Lord Davies should turn his threat of quotas into action.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments